Oil States (OIS) Tops Q1 EPS by 1c, Revenues Miss
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Oil States Announces First Quarter 2021 Results of Operations
April 28, 2021 5:15 PM EDTHOUSTON, April 28, 2021 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported a net loss of $15.8Â million, or $0.26Â per share, for the first quarter of 2021, which included non-cash fixed asset impairment charges of $0.7Â million ($0.5Â million after-tax, or $0.01Â per share), severance and restructuring charges of $3.4Â million ($2.7Â million after-tax, or $0.04Â per share) and non-cash gains on extinguishment of convertible senior notes of $3.6Â million ($2.9Â million after-tax, or $0.05Â per share).
During the first quarter of 2021, the Company generated revenues of $125.6Â million and Adjusted Consolidated EBITDA (Note A) of $6.1Â million (excluding $3.4Â million of severance and restructuring... More
